Alkane Resources Ltd (ALK) v. Mandalay Resources (MND CN)

02/07/2025

Alkane Resources Ltd (ALK) v. Mandalay Resources (MND CN)

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Morning report 31/03/2026

What Matters Today: Revisiting the energy sector as the War enters its fifth week

The ASX200 recovered almost two-thirds of Monday’s early losses to close down 0.65%, with underlying buying evident across much of the market, even as rising geopolitical tensions in the Middle East pushed oil prices to near four-year highs. However, this strength was offset by pronounced weakness in the influential banking sector, with the “Big Four” subtracting more than 55 points from the index and driving the majority of the day’s decline.

Afternoon report 30/03/2026

The Match Out: ASX down, though buyers step up into Monday’s weakness (again)

While the market closed lower again today, which is becoming a feature of recent Mondays, the weakest part of the session was behind us early. Headline-driven selling dominated at the open, pushing the ASX 200 down toward ~8380, but that weakness was steadily absorbed as the day wore on, with buyers stepping back in and the index grinding around 70 points off its morning lows by the close.